New Study: Home Audio and Cinema in the Philippines

From: Fast Market Research, Inc.
Published: Wed Dec 30 2015

Demand for home audio and cinema products remains very limited in the Philippines and is stronger among middle to upper income consumers who seek a more pleasurable viewing experience. Despite a limited market, higher disposable incomes, especially among the growing middle class, continue to fuel growth.

Competitive Landscape

Philips Electronics & Lighting continues to lead sales, recording a value share of 19% in 2015. The company’s focus on the mainstream consumer market has allowed it to increase its volume sales. Similarly, Sony Philippines came a close second with a sales share of 18% while Panasonic Mfg Philippines came third with a share of 17% and LG Electronics Philippines ranked fourth with a share of 16%.

Full Report Details at

Industry Prospects

Home audio and cinema has a projected forecast period volume CAGR of 2% - a decline from the review period CAGR of 4%. Slower growth can be attributed to increased penetration, especially of certain products such as home cinema and speaker systems, in a market that is limited to begin with.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Home Audio and Cinema industry in Philippines with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Home Audio and Cinema industry in Philippines, our research will save you time and money while empowering you to make informed, profitable decisions.

The Home Audio and Cinema in Philippines market research report includes:

* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

* What is the market size of Home Audio and Cinema in Philippines?
* What are the major brands in Philippines?
* What is the growth rate for Home Cinema and Speaker Systems?

Reasons to Get this Report

* Gain competitive intelligence about market leaders
* Track key industry trends, opportunities and threats
* Inform your marketing, brand, strategy and market development, sales and supply functions

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- Home Audio and Cinema in Indonesia
- Home Audio and Cinema in Austria
- Home Audio and Cinema in Vietnam
- Home Audio and Cinema in Sweden
- Home Audio and Cinema in Japan

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
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Contact Phone: 1-413-485-7001

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